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Anesthesia CO2 Absorbents Market Size

Report ID: GMI7093
Published Date: Oct 2023
Report Format: PDF

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Anesthesia CO2 absorbents Market Size

Anesthesia CO2 Absorbents Market size was valued at USD 74.1 million in 2022 and is estimated to account for USD 121.9 million by 2032. The anesthesia CO2 absorbents are responsible for removing carbon dioxide (CO2) from the exhaled breath of a patient under anesthesia. The increasing number of surgical procedures worldwide is one of the major factors driving the market growth.

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According to the Society of Thoracic Surgeons (STS) in 2022, around 1.3 million cardiovascular procedures were carried out in North America. Hence, increasing number of cardiovascular procedures is expected to raise the demand for anesthesia CO2 absorbents, which is projected to further stimulate market progress.

Anesthesia CO2 Absorbents Market Report Attributes
Report Attribute	Details
Base Year:	2022
Anesthesia CO2 Absorbents Market Size in 2022:	USD 74.1 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.2%
2032 Value Projection:	USD 121.9 Million
Historical Data for:	2018 to 2022
No. of Pages:	175
Tables, Charts & Figures:	347
Segments covered:	Product, Type, Form, End-use, and Region
Growth Drivers:	Growing disease burden along with rapidly growing geriatric population base Increasing number of surgical procedures Advancements in anesthesia technology Rising awareness among healthcare professionals and facilities
Pitfalls & Challenges:	High cost of premium anesthesia

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Advances in anesthesia delivery systems and CO2 absorbent technologies have improved safety, efficiency, and effectiveness in administering anesthesia. Healthcare providers are increasingly adopting these advanced systems to enhance patient care, thereby driving market growth. Thus, the aforementioned factors will positively influence the demand for anesthesia CO2 absorbents.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Anesthesia CO2 absorbents industry was worth USD 74.1 million in revenue in 2022 and is projected to reach USD 121.9 million by 2032 driven by increasing usage in the surging number of surgical procedures globally.

Anesthesia CO2 absorbents industry size from the medisorb segment generated USD 23.3 million in 2022 and is set to witness high demand through 2032 owing to rising application in surgeries to offer prolonged use capacity and cost-effectiveness.

U.S. anesthesia CO2 absorbents industry generated USD 20.9 million in revenue in 2022 and is estimated to expand at notable CAGR from 2023-2032 owing to higher technological advancements coupled with substantial healthcare expenditure in the region.

Some of the major anesthesia CO2 absorbents companies are 3M, Baxter International, GE Healthcare, Cardinal Health, Beijing Kingst Commercial & Trade Co., Ltd., Ecolab Inc., Medline Industries, Inc., Philips Healthcare, Teleflex Incorporated, and Thermo Fisher Scientific.